China's foreign exchange reserves stood at 3.4422 trillion U.S. dollars at the end of May 2026, up 31.7 billion dollars, or 0.93 percent, from the end of April, official data showed on Sunday.
The State Administration of Foreign Exchange noted that influenced by factors such as the global macroeconomic environment and expectations regarding monetary policies of major economies, the U.S. dollar index rose in May, and the prices of major global financial assets generally increased.
The combined effects of exchange rate conversion and changes in asset prices led to an increase in China's foreign exchange reserves during the month, the administration said.
China's economy registered steady and improving performance during the period, with solid progress made toward high-quality development. Its steady performance provided solid support for keeping the scale of the country's foreign exchange reserves basically stable, according to the administration.
China's foreign exchange reserves maintain stable growth in May
China's foreign exchange reserves maintain stable growth in May
China's foreign exchange reserves maintain stable growth in May
